Home Altcoin 5 Cryptos That Suffered Throughout Altcoin Market Collapse – BeInCrypto

5 Cryptos That Suffered Throughout Altcoin Market Collapse – BeInCrypto

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BeInCrypto seems on the 5 greatest altcoins losers in the whole cryptocurrency market this week, particularly from March 3 to 10.

The altcoins which have fallen essentially the most in the whole altcoin market are:

  1. Stacks (STX) value fell by 32.71%
  2. SingularityNET (AGIX) value fell by 30.81%
  3. Mina (MINA) value fell by 29.43%
  4. Render Token (RNDR) value fell by 28.77%
  5. Dash (DASH) value fell by 24.98%

Stacks (STX) Worth Leads Crypto Market Losers

The Stacks price has decreased since reaching a excessive of $1.05 on March 1. The altcoin broke down from an ascending parallel channel on March 4, reaching a low of $0.59 on March 9. 

Presently, the cryptocurrency value is buying and selling simply above the 0.618 Fib retracement help stage at $0.53. Whereas the realm might provoke a bounce, the RSI has not generated any bullish divergence but. 

If the lower continues, the subsequent closest help space could be at $0.40. Then again, if a bounce happens, the STX value might improve to $0.63.

STX/USDT Every day Chart. Supply: TradingView

SingularityNET (AGIX) Worth Dangers Additional Breakdown

The AGIX price has fallen since reaching a excessive of $0.67 on Feb. 8. It created a decrease excessive (pink icon) on March 1 and resumed its descent afterward. On March 9, it broke down from the 0.5 Fib retracement support stage at $0.36.

If the lower continues, the altcoin might fall to the 0.618 Fib retracement help stage at $0.28. 

Nevertheless, AGIX might retest the $0.36 stage if a bounce happens.

SingularityNET (AGIX) Price Drop
AGIX/USD Every day Chart. Supply: TradingView

Mina (MINA) Resumes Fall

The MINA price has fallen sharply since reaching a excessive of $1.25 on Feb. 16. This prompted a deviation above the $1.17 resistance space. The speed of lower accelerated on March 3. 

Presently, the crypto is approaching the $0.57 horizontal help space and is predicted to succeed in it. 

Then again, if the value bounces, it might retest the $0.82 space and validate it as resistance.

Mina (MINA) Daily Drop
MINA/USDT Every day Chart. Supply: TradingView

Render Token (RNDR) Falls After Parabola Breaks Down

The RNDR price has decreased since Feb. 7 when it reached a excessive of $2.19. It created a decrease excessive on Feb. 16 and accelerated its fee of lower afterward. 

Presently, the digital asset trades beneath the 0.618 Fib retracement help stage at $1.08. If the drop continues, the closest help could be at $0.77. Then again, if RNDR regains momentum, it might retest the $1.07 space as soon as extra.

Render Token (RNDR) Crypto Parabola Breakdown
RNDR/USDT Every day Chart. Supply: TradingView

Sprint (DASH) Breaks Down From Ascending Help

The DASH price has fallen since reaching a excessive of $77.90 on Feb. 16. The worth created a decrease excessive initially of March and accelerated its fee of lower afterward. On March 9, DASH broke down from an ascending help line.

If the lower continues, the closest help space could be at $49.

Then again, if the crypto asset regains momentum, it might retest the ascending help line at $60.

Dash (DASH) Crypto Price Breakdown
DASH/USDT Every day Chart. Supply: TradingView

For BeInCrypto’s newest crypto market evaluation, click here.

Disclaimer

BeInCrypto strives to offer correct and up-to-date data, but it surely is not going to be liable for any lacking info or inaccurate data. You comply and perceive that you must use any of this data at your individual threat. Cryptocurrencies are extremely unstable monetary property, so analysis and make your individual monetary selections.

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